With Regard to Various Economic Systems,most Economists Agree That

question 90

Multiple Choice

With regard to various economic systems,most economists agree that

• A)the mix of market and command principles that exists in Canada is the best.
• B)the optimal mix of market and command systems remains constant over time.
• C)most production and consumption decisions are more efficiently coordinated by markets than through central planning.
• D)government intervention in the economy is only justified in time of war.
• E)command economies have been very successful in distributing income in socially just ways.